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137 KING Street E, Kitchener, Ontario, N2G 2K8

MLS® # 40603602
Commercial For Sale In City Commercial Core, Kitchener, Ontario
$4,499,000
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
137 King Street E, Kitchener, ON
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MULTIMEDIA

ACTIVE
137 KING Street E, Kitchener, Ontario, N2G 2K8
$4,499,000

Property Information:

This is your chance to own part of history and bring this unique development opportunity to the finish line. Most of the up front heavy lifting has been done. Ready for buyer to start completing the interior of building. Framing of Residential Units close to completed. Plumbing rough-ins close to completed. Currently this building has 12 loft style apartments with high ceilings on 2nd and 3rd floors totalling 10,471 sq ft and 3 Commerical Units on main floor totalling 5285 sq ft. Seller has started the process for condo status. Building has 18 parking spots with the potential to secure additional parking spots nearby. Full Legal Description: PT LT 5 S/S KING ST, 6 S/S KING ST PL 364 KITCHENER AS IN 302404 & A124451 ; T/W A124451; S/T & T/W 302404; KITCHENER*****PT LT 5 S/S KING ST, 6 S/S KING ST PL 364 KITCHENER PT 2, 58R2957 EXCEPT 302404 S/T A33413; KITCHENER *****PT LT 5 S/S KING ST, 6 S/S KING ST PL 364 KITCHENER AS IN 338365 EXCEPT EASEMENT THEREIN; KITCHENER (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Highway access
  • Amenities Nearby: Public Transit, Schools
  • Built in: 1922
  • Lot Depth: 180.0 Feet
  • Lot Frontage: 76.0 Feet
  • Zoning: D-1- Retail Core
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 18

Courtesy of: HomeLife Power Realty Inc.

REALTOR.ca  

Location of 137 KING Street E, Kitchener, Ontario, N2G 2K8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 137 KING Street E , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 137 KING Street E , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 137 KING Street E, Kitchener, Ontario, N2G 2K8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$98,102.31

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.74 %

High school certificate or equivalent

26.89 %

Apprenticeship trade certificate/diploma

4.01 %

College/non-university certificate

18.27 %

University certificate (below bachelor)

2.09 %

University Degree

35.0 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

16.07 %

By Walking

13.16 %

By Bicycle

0.99 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.67 %

Houses

10.33 %

Own Vs. Rent